WILHELMSEN SHIPS SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 30766016
Amager Strandvej 390, 2770 Kastrup
wss.copenhagen@wilhelmsen.com
tel: 36493562

Credit rating

Company information

Official name
WILHELMSEN SHIPS SERVICE A/S
Personnel
20 persons
Established
1970
Company form
Limited company
Industry

About WILHELMSEN SHIPS SERVICE A/S

WILHELMSEN SHIPS SERVICE A/S (CVR number: 30766016) is a company from TÅRNBY. The company reported a net sales of 35.1 mDKK in 2023, demonstrating a growth of 22.9 % compared to the previous year. The operating profit percentage was at 21.9 % (EBIT: 7.7 mDKK), while net earnings were 5532 kDKK. The profitability of the company measured by Return on Assets (ROA) was 75.4 %, which can be considered excellent and Return on Equity (ROE) was 66.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WILHELMSEN SHIPS SERVICE A/S's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales27.7321.0520.6328.5935.14
Gross profit14.6111.4312.2415.4819.56
EBIT6.023.984.525.877.70
Net earnings4.242.703.064.205.53
Shareholders equity total6.495.386.017.469.21
Balance sheet total (assets)8.736.817.199.0011.69
Net debt
Profitability
EBIT-%21.7 %18.9 %21.9 %20.5 %21.9 %
ROA82.0 %51.2 %64.6 %73.1 %75.4 %
ROE78.7 %45.6 %53.8 %62.4 %66.4 %
ROI110.8 %65.8 %78.4 %87.9 %93.7 %
Economic value added (EVA)4.462.773.254.285.63
Solvency
Equity ratio74.4 %79.0 %83.6 %82.8 %78.7 %
Gearing
Relative net indebtedness %8.1 %6.8 %5.7 %5.4 %7.1 %
Liquidity
Quick ratio3.13.84.24.23.0
Current ratio4.05.36.05.84.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %23.1 %26.1 %29.0 %25.8 %26.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:75.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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